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NTIP - Network-1 Technologies Inc News Story

$2.62 0.0  0.0%

Last Trade - 21/01/22

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £46.4m
Enterprise Value £1.69m
Revenue £26.3m
Position in Universe 5857th / 7395

BRIEF-Network-1 posts settlement of patent litigation with Juniper Networks

Fri 3rd November, 2017 12:15pm
Nov 3 (Reuters) - Network-1 Technologies Inc  NTIP.A  
    * Network-1 announces settlement of patent litigation with 
Juniper 
Networks, Inc. 
    * Network-1 Technologies Inc - agreed to settle patent 
litigation 
against Juniper Networks Inc  for infringement of Network-1's 
remote power patent 
    * Network-1 technologies - juniper will pay $13.25 million 
and 
receive fully-paid license to remote power patent for full term 
which expires in march 2020 
 
Source text for Eikon:  ID:nMKWd7fV9a  
Further company coverage:  NTIP.A  
 
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